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Life Sciences | News, Analysis, Insights - HIT Consultant
What You Should Know: - Qualio the trusted cloud quality management system software for the entire life sciences ecosystem announced their $50M Series B funding round led by Tiger Global. Menlo Ventures also joined this round, alongside the following current Qualio investors: Frontline Ventures, MHS Capital, Operator Partners, Sorenson Ventures, and Storm Ventures. - This latest round of funding will support Qualio’s efforts to expand accessibility of their electronic quality management
What You Should Know: - Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector announced that it has reached an agreement to acquire Greenphire, a financial lifecycle management software for clinical trials, from The Riverside Company. Financial details were not disclosed for the pending transaction. - The acquisition, which is subject to customary regulatory approvals, is expecte
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AcuityMD raises $7M to better track the evolving world of medical hardware
In a world defined by tons of noise and little signal, startups that make it easier for consumers to make a choice just make sense. Career Karma helps students pick a tech bootcamp, Stackin’ helps millennials navigate the world of neobank and savings apps, and a new Boston-based company is helping doctors keep track of the most up-to-date medical devices on the market.
AcuityMD, founded in 2019 by Mike Monovoukas, Lee Smith, and Robert Coe, is an enterprise software company that wants to unlock the often siloed world of medical device data. And to do so, it landed a $7 million seed round this week, led by Benchmark.
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AcuityMD Nabs $7M for Targeting Platform for Medical Device Companies
What You Should Know:
– AcuityMD, a platform for commercializing and improving medical devices with data announced it has raised $7M in funding led by Benchmark with participation from Ajax Health. Eric Vishria, General Partner at Benchmark will also join AcuityMD’s board of directors.
– Since launching commercially in 2020, AcuityMD has become a trusted partner within the medical device industry by creating a data platform for the entire medical device lifecycle, from sale and surgery to patient outcomes. Traditionally, data about the performance of medical devices in the field were not shared across manufacturers, healthcare providers using products, or insurance companies paying for these procedures. AcuityMD breaks medical device data out of these siloes, and helps its customers connect their product-level data to insights about healthcare providers and the patient outcomes they experience.
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